How many Functions and which ones? You tell me.

How many Functions and which ones? You tell me.

I am running a Short Survey on my Finance Shared Services Newsletter which you are welcome to Subscribe to if you are interested in Finance Shared Services. It is a short Article asking you to DM me with your experience on:

  1. Which Function is best aligned with Finance in a Multi Functional Shared Services Centre?
  2. But who does Finance usually get 'involved' with? Is it IT, Procurement, HR or something else?

This Article is slightly longer but I asked for DM's because grown ups don't do Social Media behaviour...all that Liking and Commenting that's for teenagers.

On Monday I was having a fascinating and wide ranging conversation with one of my HR counterparts the other day which is what sparked the Survey. I don't usually bid for Multi Functional Shared Services. I have worked on such Projects but only on the Finance and Procurement components so unless I acquire a talented Bench of IT, Procurement and HR colleagues I don't tend to stray into this.

Any Angel Investor who wishes to facilitate this my door is always slightly ajar.

My experience of a Multi Functional Shared Services approach came mainly at Deloitte and Logica where the Clients had a greater appetite particularly in more Public Sector type engagements. However, on the Interim side I don't see many such opportunities come up in fact I cannot remember the last one of this nature which may be a wasted opportunity that some Client Leaders could revisit and we could explore together.

Principles are exactly the same, it would still be built with the same rigour I apply to Finance Shared Services or do you think IT, Procurement and HR are special..?

Anyway, we don't need to go any deeper on this, you get the idea so pop me your thoughts by DM if would like to. Some interesting ones received so far.

Regards,

Michael Ryan



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